OPR Refinery Plans Underway
Orient Petroleum Assets Plc (OPR) plans on spending a good chunk of change on Nigeria’s Orient Petroleum Refinery over pneumatic oil pumps the subsequent 12 pneumatic oil pumps months in its bid to start out refining petrol, diesel, and kerosene.
The company’s Managing Director, Nnaemeka Nwawka delivered the information of OPR’s plans during a lecture he gave at the Institute of Appraisers and cost Engineers in Abuja. In response to sources the company plans to refine around fifty five,000 bpd. Start up of the project could create employment alternatives in the region.
Nwawka said that OPR has efficiently completed a three year Environmental Impression Evaluation (EIA) and has obtained EIA certification from government to proceed with the development of its Acetylene Equipment refinery. Presently development of the refinery is underway with prefabrication of some parts of the refinery already accomplished.
OPR was one among 18 profitable private firms, out of sixty five applicants, to be granted a license to ascertain a refinery in Nigeria in Might 2002. OPR was also granted two petroleum prospecting license blocks by the government, to offer a reliable source of feedstock to the Orient Refinery.